Sweden: Salt Market 2022

Salt Market Size in Sweden

The Swedish salt market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Salt Production in Sweden

In value terms, salt production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt decline. The growth pace was the most rapid in 2019 with an increase of X%. Salt production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Salt Exports

Exports from Sweden

In 2021, shipments abroad of salt and pure sodium chloride increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X tonnes in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, salt exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tonnes), Finland (X tonnes) and Denmark (X tonnes) were the main destinations of salt exports from Sweden, with a combined X% share of total exports. These countries were followed by the Czech Republic, which accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for salt exported from Sweden worldwide, together comprising X% of total exports. The Czech Republic lagged somewhat behind, accounting for a further X Czech Republic, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average salt export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Finland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Salt Imports

Imports into Sweden

In 2021, purchases abroad of salt and pure sodium chloride was finally on the rise to reach X tonnes for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, salt imports rose rapidly to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

Denmark (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of salt imports to Sweden, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Denmark ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest salt suppliers to Sweden, together accounting for X% of total imports.

Denmark, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average salt import price stood at $X per tonne in 2021, almost unchanged from the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per tonne), while the price for Egypt ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform